Suspected Matrixport-related address opened a long position of 105,000 ETH on Hyperliquid

DeepFlowTech · 2026-02-11T08:31:12+00:00

On February 11, the on-chain analysis platform Lookonchain discovered a whale potentially related to Matrixport opening a long position of 105,000 ETH on the Hyperliquid platform, with an unrealized loss of over $10 million. The two wallet addresses may belong to the same whale, with funds transferred from Matrixport.

DeepFlowTech

2026-02-11 08:31:12

Abstract generation in progress

Deep Tide TechFlow News, February 11 — According to on-chain analysis platform Lookonchain, a whale potentially linked to Matrixport opened a long position of 105,000 ETH (approximately $204.5 million) on the Hyperliquid platform, currently showing a loss of over $10 million.

Wallet addresses 0x6C85 and 0xa5B0 both transferred funds from Tron via bridging services to Arbitrum and deposited them into Hyperliquid. These two wallets may belong to the same whale entity, collectively holding a long position of 105,000 ETH (about $204.5 million).

On-chain data indicates that wallet 0xa5B0 has received funds multiple times from Matrixport, suggesting a possible connection.

ETH1,35%

TRX1,52%

ARB2,5%

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